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There can be no specific answer, as credit scores are based on the person's entire credit history.

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βˆ™ 2005-05-19 23:13:30
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The bottom term of a fraction

A number being added to another number

A fraction whose numerator is equal to or greater than the denominator

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Q: How many points will come off your credit report when your foreclosure falls off?
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How many points will your credit score go up once your Chapter 7 bankruptcy falls out off your credit report?

Significantly, but most important of all will be what have you done to make sure you have paid your credit cards on time and how have you rebuilt good credit since you last file Chapter 7.

How long does a judgment stay on your credit report in Alabama?

A judgment stays on your credit report until it is satisfied or proven falls in a court of law. The only way to remove it is to pay it off.

How long does a judgment stay on credit report in Alabama?

A judgment stays on your credit report until it is satisfied or proven falls in a court of law. The only way to remove it is to pay it off.

Can a collection agency legally inquire on your credit report more than once in the same month?

They can do this as many times as they want. This is how they ruin your credit. Every time someone requests your credit report, you lose 2 points. 10 times= -20 points and as you can see this can add up, because they have people that this all they do, is credit report request.actually, There are several types of inquires that can be made on your credit bureaus. If a collector uses an inquiry to find you or see what your financial status currently is AND does it under the guise of checking for issuance of new credit, the collector can be severely punished both in civil and criminal court. The type of inquiry you were asking about falls under a type that is not reported to anyone but you. You will see these when you look at your own credit report but no one else will see it and these inquiries do not affect your credit.

When a negative remark falls off the credit report after 7 years does it lower the credit score or swing it higher if the debt was never paid?

When the negative debt is completely erased from your credit history, your credit score will experience an upward swing. Also, the longer time goes by and you have clean clear credit (and the debt is still on your report), your credit score will improve.

Will your score go up if two charge off accounts get dropped off your credit report?

Yes. Anytime derogatory info falls off your report your score will improve.

How do you write a derogatory credit letter?

You would only be able to write a derogatory letter if you a creditor who reports to the credit bureaus. If someone owes you money, you can go to court and file a judgment. This would show up on someones credit report, showing 'you' as the plantiff and the debtor as filed against. The judgment would remain on a credit report until the judgment is paid or falls off the credit report in seven years.

Once a chapter 7 falls off your credit report how much will your credit score go up or will this have an affect on your credit score?

I had a 670 score the month before it dropped off, and when it dropped off it went up about 50 points. In that period (ten years) I never had one late payment, so you can recover from a Chapter 7. It just takes time.

You are attempting to establish credit in your own name your mother is co-borrower on your student loan Will it show on your credit score?

It will only show on the primary borrowers credit report. If the primary defaults on the loan then the responsibility falls to the co-signer. In brief, if the loan is in good standing the primary borrower will have it on their credit report only. If the loan is late or is defaulted it will be reported on both the primary and co-signers report.

How many points does your fico raise after a bankruptcy falls off your credit report?

No one can tell you how many points it will raise. There are many factors a credit report considers when determining scores. It is VERY important, that once you have had a bankruptcy try to never have any late payments. When a creditor considers giving you a loan and they see the bankruptcy and they then see you have been late on bills after the bankruptcy, they may think that you are a financial risk. As time goes on and the bankruptcy gets further back in your history, you scores will start to go up.

What is the most common credit score and how can I find out if mine is good?

Believe it or not, the most common credit score falls between 750 and 799. You can find yours out by going online to credit report sites. They will usually charge a fee, but its worth knowing what your score is.

Does having negative information drop from your credit report when the time limit has ran out boost your credit score automatically?

Yes. But probably not by much. The reason has to do with the configuration of credit scoring software. Credit scores places the most emphasis, 35%, on what has occured recently (within the last 12 mos). So, information so old that it is "dropping off" is not causing much of a deduction anyway. However, the deduction that is being generated would be gone once the data falls off. Even if this is only a few points, yes, your score would recover those points.

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